Even though the US Dollar saw mixed performance against ASEAN currencies last week, dominant uptrends remain the focus for USD/SGD, USD/THB, USD/PHP and USD/IDR.
The Japanese Yen lost ground against the US Dollar after the Federal Reserve made it clear that the fight on inflation needs to be won and signalled tighter policy is…
The risk-sensitive Australian Dollar is at risk of falling further versus the US Dollar as Asia-Pacific traders digest last week's comments from Federal Reserve Chair Jerome Powell.
Gold prices had a relatively tame week despite sharp losses on Friday. More concerning is the renewed push higher by real yields in developed economies.
The Nasdaq 100 and S&P 500 faltered as market volatility returned. Hopes of a Fed pivot were increasingly extinguished by Chair Jerome Powell. The US Dollar gained as gold suffered.…
The Dow Jones Industrial Average and S&P 500 cratered after Fed Chair Powell's Jackson Hole speech. Asian and European stocks are likely to feel the pressure this week.
It was a wild week in the US Dollar but bulls continue to brew as Powell takes another hawkish step. The bigger question is whether EURUSD will plunge far below…
EUR/USD goes into the week with markets knowing the Fed's aggressive outlook while the EU continues to be plagued by an energy crisis as we head into winter.